The foreign assets exclude CBUAE Reserve Tranche Position and Special Drawing Rights holdings with the International Monetary Fund.

Monetary aggregates, which include currency in circulation outside banks plus monetary deposits and quasi-deposits and government deposits, referred to as M3, increased by around Dh76 billion during the first eight month of the year to hit Dh1.557 trillion from Dh1.481 trillion in January.

In the meantime, the monetary base valued Dh354 billion the end of August 2018, including reserve requirements at Dh 83.2 billion, certificates of deposit at Dh 132.7 billion, currency issued at Dh 83.2 billion and banks current accounts at CBUAE at Dh14.6 billion.